Ether Trading Surges in Asia

Ethereum gains popularity in Asia as traders are growing fond of the digital asset, converting their bitcoins to purchase ether (ETH). According to Aurélien Menant, co-founder and CEO of Gatecoin, Asia could well become a key market for ETH trading.

Interest in Ethereum is growing strong in Asia. Gatecoin, a Hong Kong-incorporated trading platform for cryptocurrencies and digital assets, has been experiencing a surge in signups in the region, most particularly from users located in Japan and China.

“We’ve seen growing interest among traders in China and Japan especially, with 225% of new users to our platform coming from these markets and a significant share of users based in Asia converting their [bitcoins] into [ether],” Menant told CoinJournal.

“As interest in projects built on the Ethereum ecosystem maintains momentum, and investors see the long term potential of such projects, we believe Asia will be a key…